A Study of Market Structure in Liner Shipping Under the Influence of Government Policies
Proceedings of 19th International Business Research Conference 2012
19 Pages Posted: 16 Nov 2012
Date Written: November 15, 2012
The peculiar operational mode and involvement of international carriers granted liner operators special exemption from Anti-trust regulations globally. The changes of policy from USA and EU in recent years forbidden liner operators to form Liner Conference (LC) which seems to possess oligopoly power in the trade. This paper use the freight rate to verified the change of Government policies cannot stop the liner operators to form in their natural formation - Liner Conference.
Keywords: liner conference, market structure, anti-trust regulation
JEL Classification: L22, L40, L92, M10, N70
Suggested Citation: Suggested Citation